New urbanism inspires 272-unit multifamily project in Springdale talkbusiness.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from talkbusiness.net Daily Mail and Mail on Sunday newspapers.
The property is located near Fayetteville, where the flagship campus of the University of Arkansas is located. A JV has broken ground on a property in Arkansas.
The buyer was drawn to the state's stable labor pool, lower cost of living and military facilities. NAS Investment Solutions has acquired Willowpark Apartments, a multifamily community in Lawton, Okla., from First Pacific Group. The buyer was drawn to the state partly due to its stable labor pool, lower cost of living and military facilities.
ERC Holdings, Tradewind Properties to develop 24-acre mixed-use community in Oklahoma City market – REJournals rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.
LAS VEGAS, NV - CBRE Capital Markets’ Debt & Structured Finance group has secured $35.65 million in construction financing for the development of Olympic and Mountain Vista Apartments, a planned 300-unit, garden style multifamily community in Henderson, Nev.
CBRE’s Bob Ybarra, Bruce Francis, Shaun Moothart, Dana Summers, Doug Birrell and Jennifer Ansari worked on behalf of the borrower, a joint venture between Tradewind Properties and American Nevada Company, to obtain a three-year interest only loan through Washington Federal Bank.
“COVID-19 certainly made the marketing of the loan more difficult, but I’m very pleased with the terms that we were able to obtain for our client. We ended up with a lower floor rate (3.25%) and higher loan amount than what the pre-COVID-19 terms were by running a competitive bid process to identify the outlier lender,” said Bob Ybarra, Senior Vice President, CBRE.